NEW YORK–US stocks Monday finished higher, capping a sunny day for global markets in a rally that gained force from a more optimistic perception of conflicts in Ukraine and Iraq.
The Dow Jones Industrial Average rose 16.05 points (0.10 percent) at 16,569.98.
The broad-based S&P 500 gained 5.33 (0.28 percent) to 1,936.92, while the tech-rich Nasdaq Composite Index added 30.43 (0.70 percent) at 4,401.33.
Sam Stovall, chief investment strategist at S&P Capital IQ, said stock buying picked up momentum from “a receding of global tensions.”
Equity markets also gained in Europe and Asia.
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Source: The Philippine Daily Inquirer
